XML 15 R5.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
Series D Preferred Stock [Member]
Preferred Stock [Member]
Series D Preferred Stock [Member]
Common Stock [Member]
Series D Preferred Stock [Member]
Additional Paid-in Capital [Member]
Series D Preferred Stock [Member]
Retained Earnings [Member]
Series D Preferred Stock [Member]
Parent [Member]
Series D Preferred Stock [Member]
Noncontrolling Interest [Member]
Series D Preferred Stock [Member]
Common Class A [Member]
Preferred Stock [Member]
Common Class A [Member]
Common Stock [Member]
Common Class A [Member]
Additional Paid-in Capital [Member]
Common Class A [Member]
Retained Earnings [Member]
Common Class A [Member]
Parent [Member]
Common Class A [Member]
Noncontrolling Interest [Member]
Common Class A [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Series A Preferred Stock [Member]
Common Stock [Member]
Series A Preferred Stock [Member]
Additional Paid-in Capital [Member]
Series A Preferred Stock [Member]
Retained Earnings [Member]
Series A Preferred Stock [Member]
Parent [Member]
Series A Preferred Stock [Member]
Noncontrolling Interest [Member]
Series A Preferred Stock [Member]
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance (in shares) at Dec. 31, 2022                                           913,987 11,807,893          
Balance at Dec. 31, 2022                                           $ 9,140 $ 118,079 $ 182,122,213 $ (138,341,750) $ 43,907,682 $ 9,013,446 $ 52,921,128
Net loss                                           0 0 0 (995,540) (995,540) 387,081 (608,459)
Dividends to Series D preferred stockholders $ 0 $ 0 $ 0 $ (535,448) $ (535,448) $ 0 $ (535,448)                                          
Distributions in excess of contributions received                                           $ 0 $ 0 0 0 0 (518,642) (518,642)
Restricted stock-based compensation                                               232,106   232,106 0 232,106
Vesting of Common Stock (in shares)                                           0 27,371          
Vesting of Common Stock                                           $ 0 $ 274 28,466   28,740 0 28,740
Repurchase of stock, at cost (in shares) (386) 0                                                    
Repurchase of stock, at cost $ (4) $ 0 (6,943) 0 (6,947) 0 (6,947)                                          
Dividends paid to Series A common stockholders               $ 0 $ 0 $ 0 $ (287,655) $ (287,655) $ 0 $ (287,655)                            
Remeasurement of SPAC shares to redemption value                                           0 0 (158,900) 0 (158,900) 0 (158,900)
Accrued excise tax on SPAC redemptions                                           $ 0 $ 0 (1,140,683) 0 (1,140,683) 0 (1,140,683)
Balance (in shares) at Mar. 31, 2023                                           913,601 11,835,264          
Balance at Mar. 31, 2023                                           $ 9,136 $ 118,353 181,076,259 (140,160,393) 41,043,355 8,881,885 49,925,240
Balance (in shares) at Dec. 31, 2022                                           913,987 11,807,893          
Balance at Dec. 31, 2022                                           $ 9,140 $ 118,079 182,122,213 (138,341,750) 43,907,682 9,013,446 52,921,128
Net loss                                                       (813,211)
Balance (in shares) at Jun. 30, 2023                                           901,375 11,849,710          
Balance at Jun. 30, 2023                                           $ 9,014 $ 118,497 180,903,874 (142,294,778) 38,736,607 8,534,069 47,270,676
Balance (in shares) at Mar. 31, 2023                                           913,601 11,835,264          
Balance at Mar. 31, 2023                                           $ 9,136 $ 118,353 181,076,259 (140,160,393) 41,043,355 8,881,885 49,925,240
Net loss                                           0 0 0 (1,299,604) (1,299,604) 1,094,852 (204,752)
Dividends to Series D preferred stockholders                             $ 0 $ 0 $ 0 $ (532,285) $ (532,285) $ 0 $ (532,285)              
Distributions in excess of contributions received                                           0 0 0 0 0 (1,442,668) (1,442,668)
Restricted stock-based compensation                                           228,657 228,657 0 228,657
Vesting of Common Stock (in shares)                                           0 14,446          
Vesting of Common Stock                                           $ 0 $ 144 50,855   50,999 0 50,999
Repurchase of stock, at cost (in shares) (12,226) 0                                                    
Repurchase of stock, at cost $ (122) $ 0 (204,803) 0 (204,925) 0 (204,925)                                          
Dividends paid to Series A common stockholders               $ 0 $ 0 0 (302,496) (302,496) 0 (302,496)                            
Remeasurement of SPAC shares to redemption value                                           $ 0 $ 0 (247,094) 0 (247,094) 0 (247,094)
Balance (in shares) at Jun. 30, 2023                                           901,375 11,849,710          
Balance at Jun. 30, 2023                                           $ 9,014 $ 118,497 180,903,874 (142,294,778) 38,736,607 8,534,069 47,270,676
Balance (in shares) at Dec. 31, 2023                                           890,946 12,265,061          
Balance at Dec. 31, 2023                                           $ 8,909 $ 122,651 182,331,408 (131,508,785) 50,954,183 10,367,887 61,322,070
Net loss                                           0 0 0 (5,241,663) (5,241,663) 1,503,868 (3,737,795)
Dividends to Series D preferred stockholders 0 0 0 (522,032) (522,032) 0 (522,032)                                          
Distributions in excess of contributions received                                           $ 0 $ 0 0 0 0 (1,603,357) (1,603,357)
Restricted stock-based compensation (in shares)                                           0 0          
Restricted stock-based compensation                                           $ 0 $ 0 317,077 0 317,077 0 317,077
Vesting of Common Stock (in shares)                                           0 164,078          
Vesting of Common Stock                                           $ 0 $ 1,640 223,204   224,844 0 224,844
Balance (in shares) at Mar. 31, 2024                                           890,946 12,429,139          
Balance at Mar. 31, 2024                                           $ 8,909 $ 124,291 182,871,689 (137,272,480) 45,732,409 10,268,398 56,000,807
Balance (in shares) at Dec. 31, 2023                                           890,946 12,265,061          
Balance at Dec. 31, 2023                                           $ 8,909 $ 122,651 182,331,408 (131,508,785) 50,954,183 10,367,887 61,322,070
Net loss                                                       (15,116,470)
Balance (in shares) at Jun. 30, 2024                                           1,000,000 12,418,693          
Balance at Jun. 30, 2024                                           $ 10,000 $ 124,187 184,402,052 (149,663,851) 34,872,388 9,734,787 44,607,175
Balance (in shares) at Mar. 31, 2024                                           890,946 12,429,139          
Balance at Mar. 31, 2024                                           $ 8,909 $ 124,291 182,871,689 (137,272,480) 45,732,409 10,268,398 56,000,807
Net loss                                           0 0 0 (11,848,040) (11,848,040) 469,365 (11,378,675)
Dividends to Series D preferred stockholders $ 0 $ 0 0 (543,331) (543,331) 0 (543,331)                                          
Distributions in excess of contributions received                                           $ 0 $ 0 0 0 0 (1,002,976) (1,002,976)
Restricted stock-based compensation (in shares)                                           0 0          
Restricted stock-based compensation                                           $ 0 $ 0 343,108 0 343,108 0 343,108
Issuance of preferred stock Series D preferred stock, net of issuance costs (in shares) 109,054 0                                                    
Issuance of preferred stock Series D preferred stock, net of issuance costs $ 1,091 $ 0 $ 1,194,764 $ 0 $ 1,195,855 $ 0 $ 1,195,855                                          
Repurchase of stock, at cost (in shares)               0 (10,446)                                      
Repurchase of stock, at cost               $ 0 $ (104) $ (7,509) $ 0 $ (7,613) $ 0 $ (7,613)                            
Balance (in shares) at Jun. 30, 2024                                           1,000,000 12,418,693          
Balance at Jun. 30, 2024                                           $ 10,000 $ 124,187 $ 184,402,052 $ (149,663,851) $ 34,872,388 $ 9,734,787 $ 44,607,175